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Secure & Affordable Childcare Investment

46 Collyn-Dale Drive, Wangaratta VIC

Property Highlights

10 Year Net Lease to 2025 + Options
ASX listed with 470+ centres
Long established & successful business

Description

+ Secure 10 Year Net Lease to G8 Education to 2025
+ Four further 5 year options to 2045
+ G8 Education: Australia’s largest early education provider, educating more than 58,000 children per day across their 470+ centres
+ Long established and successful business acquired by G8 in 2015
+ Tenant pays all usual outgoings
+ Purpose-built and exceptionally well-maintained child care facility with Service Approval for 78 LDC places
+ Annual rent reviews plus ratchet provisions at the commencement of each further term, thereby guaranteeing rental growth
+ Large 3,050 sqm site only 380 metres from Appin Park Primary School and 630 metres from St Bernard’s Primary School and other schools
+ Wangaratta: located on the Hume Highway corridor and the main gateway between VIC and NSW. One of Australia’s most valuable and versatile agricultural growing regions with consistent rainfall and fertile soil producing high quality produce and world class wines
+ Child Care/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal Government spending an estimated $8.6 billion on the sector during the 2019–20 financial year
+ Net Income: $153,206 pa + GST and Outgoings

For Sale by Expressions of Interest
Closing 3pm (AEST) Wednesday 12 August unless Sold Prior

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
3,050 SQM
Building Area
1 SQM

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